We use cookies to deliver our online services. Details of the cookies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you agree to our use of cookies. To close this message click close.

Latest weapon deployed by the SFC: Section 300

27 January 2016

Hogan Lovells

Last week, the Court of First Instance issued a landmark ruling interpreting s.300 of the Securities and Futures Ordinance (SFO), which prohibits fraudulent or deceptive conduct in a transaction involving securities.

The Court imparted relatively broad interpretations to s.300's required elements of "fraud and deception" and "in a transaction involving securities", raising the question of whether we might see more widespread deployment of s.300 in the future.

The team

Loading data